3385 Soaring Bird CirColorado SpringsCO80920
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Colorado Springs at 3385 Soaring Bird Cir, Colorado Springs, CO, 80920 offers $3,018/mo rent that, after a $2,152/mo payment, leaves $112/mo cash flow. Total monthly income is $3,018/mo, and annual cash flow is $1,339/yr on $145,767 cash. Return on cash invested measures 20.83% in year one, and rental yield stands at 8.24% at a $439,719 entry. Equity gained on principal adds $2,837/yr while 5% annual appreciation compounds into $121,486 by year five. Five-year ROI records 108.33% and total cumulative return in cash reaches $157,902. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,018/mo property income versus a $2,152/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
2,818 sqft lot
$N/A/sqft
$344 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80920, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,640 (100%) |
| Owner Occupied HU | 9,892 (63.2%) |
| Renter Occupied HU | 5,196 (33.2%) |
| Vacant Housing Units | 552 ( 3.5%) |
| Median Home Value | $533,256 |
| Average Home Value | $576,502 |
Housing Distribution
Address Breakdown
Residential
15,525
Single Family
13,075
Multi-Family
2,450
Businesses
1,302
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Listed by: Shane Bruckner ABR • Nest Egg Realty, LLC
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #7408809
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